On how he evaluates the evolution of collection in the province, Girard said: “At the end of July, the province of Buenos Aires showed year-on-year growth in real terms, which is a trend we are seeing from the second quarter of 2021″.
Although the pandemic generated a very strong negative impact on collection with the drop in activity, he considered that in the second quarter of last year, the Buenos Aires territory began to generate resources above nominality and the growth of the economy.
“In 2020 we face a process of Improvements of the Tax laws to work on the structure of progressivity of Patrimonial Taxes, with the aim of recompose the weight of these taxes in the income structure taxes,” he said, adding: “We eliminated the distortions that arose from the cap policies that the management of (former governor, María Eugenia) Vidal had applied after the revaluation, benefiting with that cap structure those who have wealth of greater valuation and relatively harming those who have assets of lower valuation”.
ARBA
Results in this regard
According to the head of the ARBA, 3.5 million square meters were detected in closed urbanizations that were not declared, and another two million in open urbanizations also undeclared and that therefore were not paying the Real Estate Tax.
Meanwhile, the collectability recovery not yet reached 2019 levels in global terms.
In what situation is Buenos Aires regarding Gross Income?
This tax, which depends on the activity and the nominal value of the economy, has been rising in line with growth and inflation, even a few points higher, as a result of control actions.
“The use of instruments of digital remote control is allowing us improve complianceespecially in the upper strata,” said Girard. To close, he clarified that “in recent months we have seen a increase in the delay in complying with the presentation of affidavits between small and micro taxpayers. This would indicate to us that, even with economic growth, when one looks at the collection there are some indications that the situation is not yet definitely on track.”
Source: Ambito
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